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20121201
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, the bookstore, go out of business. largely because of competition with amazon. >> reporter: based in seattle, amazon was started in the mid-'90s to sell books online. and for years made no profit. but it soon became clear that founder jeff bezos and his notoriously secretive company had bigger plans. they started expanding in the late 1990s into videos, music, games, electronics, kitchenware, clothing, shoes, jewelry, business services, information storage. amazon turned the corner to profitability in 2002, and today, amazon is a $100 billion global company. and though bezos declined our request for an interview, he recently told "fortune" magazine's andy serwer -- >> our goal is to be the most customer obsessed company. is there someone doing some element better than we? if so, how do we improve? >> online shopping is still only 10% of total retail. >> reporter: meaning amazon in all likelihood is just getting started. ben stein told me recently he has never seen a company dominate a market quite the way amazon is right now. this is a huge, huge story this holiday season. the big question,
in l.a. and san francisco and seattle to understand this. that can all be done with someone who has a permanent purpose as a major attraction when the spring break comes in kids come from the eighth grade and will really keep this in their heart. i am going to be certainly talking to you since you are my neighbor. [laughter] about this in terms of this coming fall after the ringling bros. and barnum & bailey circus is over on november the sixth. [laughter] >> the thank you. thank you. i gave you my business card because i know you have some accidental connections with the lord. please pray for the book this week. we gave guidance to the writers. if you had 10 minutes in front of an eighth-grade class, what would you tell them? what would you tell them about leaderships? what did you experience over the last 10 years and how can we use this book to inspire young people to do great things? all those parents and grandparents out there, this is the book of choice. for the teenager, searching, for that young person looking for direction this will inspire them. thank you for the question.
, there are already rumors now that amazon is setting up shop in seattle. so unconfirmed but lots of folks saying they're looking to make that move. what they are doing, amazon has the amazon locker. so if you're going to staples or radio shack, you might start seeing these giant lockers that say amazon locker. it allows people if they get something at home at amazon, they can pick it up, they get a confirmation e-mail, a number they type in and they'll get their object there. we're seeing that happen quite a bit. google just yesterday, they bought amazon's competitor, so you know, it's called bufferbot. and they bought this company, and they're looking to delve into this online/offline e-commerce base. >> are we going to be seeing more online stores going offline? is it that people want to try on things, hold things? because sometimes when i buy things online, then i have to return them which makes it a whole new step. if i can try something on, i'll know right away, for example. >> sure, that's why i think the lines blur. they'll send you five glasses so you pick out a line, and you can try them on
time. rains in the same spots it's been raining for days, like ten days. raining in parts of seattle down to portland. this is light rain at best. it gets worse than this. and it's going to be one mess for just the next day after day after day as we get one storm after another. here's the story now for today. this morning, it was dry. tonight, still dry. tomorrow morning, done. raining by 9:00 in the morning. northern california, rains all day and into wednesday. dries out on friday. let me zoom it out for you. we have a storm for tuesday. we have a storm for thursday. and another one back here for next saturday. that's four storms in ten days in a place that's already flooding. wolf? >> so what i hear you saying is that folks in northern california's wine country, they are by no means out of the woods? >> well, this would be a whole lot worse. had this backed up -- let's say this was august or september and this storm system came through, 2012 would have been wrecked. there would no wine at all. the grapes would have been popping, way too much rain late in the season makes wine thin
watching football and drinking budweiser. host: sarah, democratic caller, seattle, washington, you are next. caller: hello? host: you are on the air. good morning. caller: i know a lot of people is talking about the 1%. i do not think a lot of americans notice that. i used to work for that 1%. they pay you $60 per week, they pay out the difference and give you cash so that they do not have to pay taxes. people shopping at bloomingdale's and all of these stores, they buy it before it hits the rack. the way that they perceive us is as dweebs. they do not like us and never have liked us. you think we are talking about the 74%? the 37%? they do not understand that we work hard. americans are the hardest working people. we have to jobs, three jobs, many of us are going back to school. we are not sitting around doing nothing. host: this prediction from facebook. these comments, democrats -- host: from bragg on facebook -- host: let me give you some other headlines as we continue this discussion this morning about the fiscal cliff. this is from "the washington post." "egyptian opposition confused
. host: alan from seattle washington, republican line -- caller: i'm not going to miss the joe walsh, the republican from illinois. because he called the president a liar. host: ok, we will leave it there. those are some of the people who will be missed and not missed. we have a few more minutes before we wrap up our program today. another program comes to you live tomorrow. columbia, south carolina, caller: hello, there. i write -- i like seeing jim dementing going. he is the poorest excuse for a senator i have seen in my lifetime. he did nothing to try to achieve consensus amongst his peers. he did nothing for his constituents here in south carolina. he will be in good company at the heritage fund. host: what you think of him going to the heritage foundation? caller: he will not be worth much. i'm sorry to see dennis kucinich leaving. he was a treasure to have. as a mayor and representative for the city of cleveland. host: chesapeake, va., independent line. you are the last call. caller: i miss ronald reagan and before that, george washington and thomas jefferson. host: anybody thi
of rookie quarterbacks in the nfl this year. rg3 is one of them. russell wilson out in seattle, west coast, very few people get to see him play. andrew luck, he's tremendous in indianapolis. but andrea, rg3 in washington, you're a season ticket holder. you're in love with the guy. talk about him. >> well, first of all, he is -- he's a real leader. he's really smart. he's very well educated, has a graduate degree. he was raised all over the world because his parents were both in the military, both of them. and he has these core values. he was elected captain by his teammates as a rookie quarterback early on because he's signified this. i mean, this is a guy who helped put six points on the board after fumbling, a rare fumble, if you saw that play on monday night. >> yeah. >> sort of a weird play. we were all screaming, you know, that was a fumble! because obviously, if it hadn't been, it wouldn't have been six points. mike, he is really a very special character. this is not just spin. >> sam stein, i realize you went to school in the woods up there in dartmouth, but the idea of living in a
. both d.c. and seattle. >> clayton: and some of those investments, even in the d.c. area, we saw some investments in the outlying areas, but phoenix of course, vegas. investors coming in and buying up a lot of those properties down there, but how will the fiscal cliff affect investment going forward and maybe helping this recovery? because we're going to see a big increase in the capital gains taxes? >> that's right, it's going to have a bigger impact than i think analysts are predicting, maybe because they're numbers crunchers and not in the market. and fueling the momentum in the real estate markets, snapping up the foreclosure properties the last few years and the concern is they're going to be a little bit more conservative in their purchasing moving forward. and here is a really big thing to consider. consumer confidence is a huge driver in housing. and with this, all of this uncertainty of how much tax, people are going to be paying and what types of tax hikes people are going to be experiencing next year, i think the quarter one is it going to be a very conservative quarter for
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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